Finance & Accounting Essays

Because of their confusing and complex nature, one has to be a detective of sorts to be able to sort out all the information contained in financial statements.Analysis of these statements require a certain degree of skill to be able to make fair comparisons between firms operating in various countries

However, this act was initiated to protect shareholders by facilitating dependability of the financial reporting so to restore

Non- tax revenues such as royalties, rents, charges, and fees have a habit of being limited in income-generating capacity and range. Many local tax bases tend to be narrow because of tax exportation possibility, economies of scale, factor mobility, and externalities issued while providing public goods and services. 

The distinction of one model of funds to another can be presented via the evaluation of the procedures or methodologies that are deployed through the realization of the eventual aims.  Other contributory factors that assist in the evaluation of the advancements made by a model of preference can be sourced from the governing principles in terms of contribution and subscription.

The board of directors hires managers and bestows them with responsibilities to pursue corporation’s policies leading to maximization of the investors’ wealth (Sherman 53). Management prepares

Generally speaking, this paper seeks to evaluate the financial performance of Hysan Development Company Limited (or “Hysan”)  for the past five years based on its financial statements for the purpose of makings suggestions that can be proposed in the end to assist further improvements of the company.

It not affects only the fund managers but even the government and general citizenry who are the major customers. The question to be answered therefore is whether citizens should be concerned when the pension plan funding measure

However, the company performs poorly in terms of efficiency/asset management. The company needs to improve its asset management by developing an appropriate asset management approach such as JIT

It is advisable to manage than to own as it is consistent with the growth strategy. In this manner, mar riot can attract additional capital that gives it an opportunity to even invest more in the future, share the risks with limited partners. The partnership can be of great benefit as it is a good way of saving on taxes.

The reason is exchange rates tend to fluctuate from time to time thereby changing the price of goods and services purchased from an international market. On that note, one of the must-do obligations in this assignment is to study the exchange rate movements for AED against Euros and AED against the pounds.

Peterson Valve Company should perform suitable procedures to ensure that they have links to Milagrol LTDA information and all the risks they are being exposed to. The information should be collected and analyzed by an expert to ensure that Peterson Valve Company makes the right decision on buying the company.

Business capital budgeting decisions should be taken with a lot of precaution because they influence the long-term growth of the organization, affect overall risk of the business, involve commitment of enormous amount of funds and the projects are mostly irreversible or

i. The first type or statistical category is descriptive statistics which is a measurement level that provides summaries of particular sets of data and other measures. The measures of central

The main idea behind the practice is to manipulate the company’s records on the income statement to reflect a rather positive financial standing. It is in many fields of accounting considered inappropriate to manipulate earnings and thus post a fraudulent picture to the outside community. Earning management through deferring maintenance is unethical.

Banks are institutions dealing in money. They borrow and lend money in trust. Depositors place with banks their moneys with an inherent trust that these moneys will be returned to them when demanded. Banks lend moneys obtained from depositors to worthy borrowers at an interest premium so that they can earn a spread

Once the risks are identified, the company should move on to the next step of managing those risks. The risks are assessed according to the company’s policies. They assess the reason for risk and the way to resolve the issue. The risks are prioritized according to a severance of the risk. (Gallati 2003).

The market value of a firm is dependent upon the capital structure of the company. The firm Gibson ltd is equity-financed, therefore, the beta of assets as well as of equity is the same. The total operating cash flows for the period of four years in the division are as follows: North - $60,000,000, South - $32,000,000.

The balance sheet of superior shows a working capital of 33,200 in 2001, 35,400 in 2002 and 34,750 in 2003. This shows a positive figure on the three balance sheets for superior. This means that the liquidity of the firm is positive and

Rolfe-Flett (2002, p.3) defines a workplace mentoring in this case refers to choosing a mentor who provides guidance to employees who need more training and guidance in a given area of work within the

The company has created the largest electric utility in the United States (Wald, 2012). The key driver for the merger between Duke Energy and Progress Energy is due to the low-emission of power generation and higher operating expenses by the

In the above case, price of endor, the initial $5.00, represented a fixed cost that according to Alderon, was not going to change as far as they were concerned. At $4.75 when the endor was paid for, this cost is therefore referred to as the

Making investments in a business, whether it is at the national or international arena, requires tremendous research, analysis and evaluation of the potential opportunities, threats and implications. It is therefore considered extremely pertinent to undergo an intense evaluation of an investment opportunity before deciding about making it or not.

ndirect method of cash flow preparation; a two-year comparative analysis of the Viacom and Omnicom group cash flow statement; and the identification of the strategies implemented by the two companies based on the result of their cash flow analysis. The net profit of a company

Audit risk refers to that risk that auditors are not likely to observe due to some error or fraud (Lewin 2010, p. 218). The auditors are likely to issue an unqualified opinion although some inherent risks exist but cannot be easily identified. The following are the five main areas of high audit risk that face Havelock Europa Plc.

Preparation of financial statement does not comply with a few rules of the IFRS. The report also elaborates a comparison between the performance of Whitbread Plc and its most competent rival Compass Group Plc. The ratio analysis highlights the fact that the liquidity position of Compass Group Plc is better than that of Whitbread Plc.

The importance of the strategy was first felt after the Second World War. JIT is a manufacturing or production strategy through which an organization tries to achieve various objectives like continuous improvement, reduction of wastage, and increased profitability. The study has shown that the strategy has been successful in Japan.

The author explains that Zipcar, Facebook and Dunkin Doughnuts are companies operating in different industries, and therefore attract different investors in varying stages of the Investor Life Cycle. The four-stage investor life cycle includes the following: accumulation, consolidation, spending, and gifting.

The CAPM is seen as an asset pricing method that gives a theoretical determination of the required rate of return of an asset, given the condition that the asset is being added to an existing well-diversified portfolio. Estimating the rate of return of an asset based on the CAPM requires that the asset in question will not be an independent asset being invested but part of a well-diversified portfolio.

Boutique Hotel is a business organization in the Hotel industry consisting of 14 hotels. The company was acquired by Ave-Co plc, which saw the Hotel’s managerial strategy change. The Hotel management took the regional direction where the 14 Hotels were divided into three regions, each headed by a regional manager.

This essay comprises three parts. The first part provides the reader’s opinion on what comprises the key concepts presented in the Chapter 4 article on financial statement analysis. In addition, relevant questions regarding some of the issues contained in the article together with subtle ideas, according to the reader’s opinion, are included. 

The author states that fall in the prices of commodities had a negative impact on the stocks of companies that are related to the mining sector and these companies were listed on the stock exchange of London as well as the United States. The author further points out that the economy of the United States.

After which, the model will be sold at an insignificant value. The main tasks in this paper are discussed under different question (1 to 7) as below. The cost and miles per gallon of the hybrid car, 2014 Toyota prius c one is $ 19,905

Most of these ratios are not generally meaningful when evaluated alone but they tend to bring meaning when they are compared to historical information and industry averages (Watson, Shrives & Marston 2002, p. 300). Ratios can be sub-divided into four major classes - Liquidity ratios, Profitability ratios, Operational efficiency ratios, Leverage ratios.

In preventive control, there is the security of assets as compared to detective control. In the control, there is a restriction on access to cash, inventories, equipment, and other assets. In Henrico Company, sales clerks have no access to changes in unit prices. The sales clerks have also no access to transaction electronic files.

condly, the owner of Alpacas can rear them for the purpose of shearing their raw fleece and selling it into the fashion industry market, where the commodity is in high demand and earns premium-rate profit margins (Sugarloaf Alpaca Company, 2015). Nevertheless, there is an even

Taxation has always been government's most potent way of generating revenue. It however remains a fact that tax, due to its forcible nature is never liked by many. This is where the idea of tax evasion, and all other forms of avoiding tax springs. There are numerous ways of utilizing the loopholes in the taxation process to your benefit.

Banks are the most important institutions in a country’s financial system. They are the major conduits by which funds may be coursed from individual and corporate savers to fund users, mainly business and industry. Through the well-oiled machinery by which banks attract deposits and loan this out to borrowers, capital for production is generated.

Large ventures are generally organized as corporations. Conglomerates have three key features. First, they are officially distinct from their employers and pay their individual taxes. Second, conglomerates offer limited liability, which indicates that the stockholders who possess the company cannot be held accountable for the firm’s obligations.  

The Tiebout hypothesis is based on an article titled "A Pure Theory of Local Expenditures" published by Charles M. Tiebout in 1956 and later popularized by Warren Oates, who subsequently brought the model into the realm of discourse in public economics. Inspired by an earlier article by Nobel laureate in economics Paul Samuelson about public choice.

Is budgeting an exercise futile? Those who do not budget also achieve success or failures in varying degrees like those who budget their future activities. Budgeting has almost become a necessary exercise for those who plan their future. Budgetary control is described as a future planning exercise for a business or individualistic activities.

Of course, this step aided the rise of the entrepreneurial spirit and the house prices faced a massive increase. After that, however, this inflation led to highly unstable times in the economy. Now, the difference between the rental and first-year cost in mortgages is hard to state and the only reason for this is because of the deposits escaping the house benefit.

Planning, to a large extent, depends on the forecast that has been made to make the decision about the future (Markowitz 1952). Basically, the estimated data generated by forecasting is used in making plans. For instance, businesses use forecast figures to estimate the use of materials and make plans that ensure they are availed when due.

Working for World Bank could be a very fulfilling way to be fully immersed in the goals and purpose of an ideology of an organization that helps change lives. This kind of goal-oriented, diversified, sustainable sort of work environment is the kind that no one could ever regret being fortunate enough to be a part of.

M&S has over 21 million people visiting their stores every week. They are the leading sellers of women wear and lingerie in the UK with 700 stores operative in the UK. M&S is an expanding business internationally and has started its operations in many countries of the world with around 390 stores in Europe, Middle East, and Asia.

About 70 percent of the existing retirement schemes in America are now defined contribution (DC) plans whereby the final pension amount depends on the investment performance. The same scenario is also replicated in Britain since the proportion of DC plans has moved from 8 percent in 2001 to 39 percent by last year (Buttonwood 73).

The NPVs include Canadian NPV Project Prospective, and Canadian NPV Parent Prospective RPP. Relative Purchasing Power (RPP) NPV can be used for the long run due to its far-reaching relevance compared to NPV from the

4. In a sample of 56 addicts, 28 were given a new drug to help them overcome their addiction, while the remaining 28 were given the current drug. The following is the output from a randomization test for the difference in the proportion of addicts suffering relapses. In

The food restaurants and cafes charge tax on the bills. This tax is calculated on the percentage of the sale. For example, if the tax rate is 2 percent, this amount of 2 percent will be calculated on the bill of any amount. This amount is required for its assistance and development. The research will try to explore the benefits of this tax system. 

Equity involves the issue of preferred stock, common stock or using the company’s retained earnings. When talking about the capital structure of a company, this means the debt to equity ratio. This is important because it can be able to show

A similar type of crisis also emerged in Europe wherein major countries of the EU bloc started to face serious debt crisis wherein high government debt became a cause of concern. The crisis started to emerge when, during 2009, a group of 10 central banks of the bloc asked for a bailout package owing to their inability to pay off debt.